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EDF bets on "French Tesla" in $100 mln start-up venture fund  

By Michel Rose PARIS, May 27 (Reuters) - French utility EDF is opening up to the world of start-ups with a 90 million euro fund that has already screened 1,000 projects and invested in half a dozen, including one which says its batteries could rival those sold by Tesla. Coming on top of a separate 650 million euro annual budget in research and development, the 30 percent stake in the Electranova Capital fund is helping the state-owned French group keep abreast of breakthroughs worldwide, EDF executives said....More
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Apple SVP says car is 'ultimate mobile device'  

RANCHOS PALOS VERDES, Calif. May 27 (Reuters) - A senior Apple executive said developing a car would be the "ultimate mobile device" when asked about new products at a technology conference on Wednesday....More
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UPDATE 1-Lamborghini to build SUV in Italy, launch planned for 2018  

(Adds PM Renzi comments, expected cost of car) MILAN/ROME, May 27 (Reuters) - Lamborghini will produce its much-anticipated sport utility vehicle (SUV) at the supercar maker's Sant'Agata Bolognese plant in Italy, with the new model to enter the market in 2018, the company said on Wednesday. Lamborghini, part of the Volkswagen group, hopes the SUV will allow it to repeat stable-mate Porsche's success in the fast-growing market for luxury four-by-fours and boost profitability....More
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BRIEF-UniCredit sees partnership on real estate loans by end-year  

May 27 (Reuters) - UniCredit CEO Federico Ghizzoni says: * expects to find partner to help manage a real estate loans portfolio worth more than 1 billion euros by end 2015 * Q2 is going well, "we are satisfied" * does not believe there are risks of counter bid for Pirelli after hedge fund Paulson's investment in the tyre maker Further company coverage: (Reporting By Milan Newsroom)...More
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UPDATE 1-Turkey's Oyak Renault says production resumes after workers' protest  

(Adds more detail) ISTANBUL, May 27 (Reuters) - Production has resumed at the Turkish arm of French automaker Renault, the company said on Wednesday, after employees ended a more than week-long protest and went back to work. Employees at Oyak Renault, a joint venture between Renault and the Turkish army pension fund, walked off the job earlier this month to protest wages and working conditions....More
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Lamborghini to build SUV in Italy, launch planned for 2018  

MILAN, May 27 (Reuters) - Lamborghini will produce its much-anticipated sport utility vehicle (SUV) at the supercar maker's Sant'Agata Bolognese plant in Italy, with the new model to enter the market in 2018, the company said on Wednesday. Lamborghini, part of the Volkswagen group, hopes the SUV will allow it to repeat stable-mate Porsche's success in the fast-growing market for luxury four-by-fours and boost profitability....More
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Turkey's Oyak Renault says production resumes after workers' protest  

ISTANBUL, May 27 (Reuters) - Turkish automaker Oyak Renault said it had resumed normal production from the morning shift on Wednesday after employees ended a protest and went back to work. Employees at the company, a joint venture between France's Renault and Turkey's army pension fund Oyak, halted output on May 15 and the protest action spread to other auto firms including Tofas and Ford unit Ford Otosan. Production has now largely restarted. (Reporting by Birsen Altayli; Writing by Daren Butler; editing by David Dolan)...More
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BRIEF-Faurecia to supply PSA in France with textured bumpers  

May 27 (Reuters) - Faurecia SA : * To supply PSA in France with textured bumpers in two colour options Source text: http://bit.ly/1FOu0EV Further company coverage: (Gdynia Newsroom)...More
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BRIEF-Jiangsu Kuangda Automobile Textile's share trade to halt from May 28 pending announcement  

May 27 (Reuters) - Jiangsu Kuangda Automobile Textile Group Co Ltd * Says trading of shares to halt from May 28 pending announcement related to share issue Source text in Chinese: http://bit.ly/1FCZVXs Further company coverage: (Reporting by Hong Kong and Singapore newsrooms)...More
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BRIEF-China Security & Fire's share trade to halt from May 28 due to unusual price movements  

May 27 (Reuters) - China Security & Fire Co Ltd * Says trading of shares to halt from May 28 due to unusual share price movements in past three trading days Source text in Chinese: http://bit.ly/1AxE2d5 Further company coverage: (Reporting by Hong Kong and Singapore newsrooms)...More
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